8629 University Pkwy Ferry Pass, FL 32514
This exceptional 2-acre commercial land parcel, identified by APN 14-1S-30-5403-000-001, is offered at $599,000. Located in Ferry Pass, Pensacola, Florida (zip code 32514), this fee simple property boasts a prime location at 8629 University Parkway. The site offers excellent visibility and accessibility, with 123 feet of frontage on University Parkway and an additional 176 feet of frontage on Governor's Drive, providing ample space for development. Zoned COM/HC-LI, this property is perfectly suited for a variety of commercial uses, including professional or medical offices. Its strategic location offers convenient access to the University of West Florida (UWF), West Florida Hospital, Baptist Hospital, and major retail establishments such as Publix, Target, and Kohl's. The property consists of two combined parcels, presenting a unique opportunity for significant commercial development in a high-traffic area with strong demographics and established infrastructure. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Pensacola location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.